Are Some Accountants Committing Malpractice With Their Own Business?

According to Stephen Mack, a Senior Business Consultant with GoodAccountants.com, it would have been a form of malpractice on his part had he not advised his client, Certified Public Accountant, Michael Hajek, to invest an additional $25,000 into growing his accounting practice. The advice from Mack has resulted in Hajek landing two new clients within a ninety-day period that will bring him one-million dollars in earnings on his $25,000 investment.

One client, a $9 million masonry contracting company was retained by Hajek for $42,000 in yearly billings and the other, an $11 million international travel agency, for $30,000 in yearly billings. According to Hajek, both businesses will remain long term clients he will continue servicing over the next decade which will bring him at least a million dollars in overall billings for his one-time $25,000 investment.

With the prospect of such a phenomenal return on investment it is understandable why Mack felt it would haven been a travesty had he failed to convince Hajek to upgrade to GoodAccountants.com’s $25,000 DSP Marketing Program which entitled him to meet with both clients. Mack says he knew each client would be a good fit for Hajek the moment their profiles came across his desk but the challenge would be getting Hajek to follow his advice to invest an additional $25,000 to upgrade to a higher level marketing program. “Although many accountants advise their own clients how to very successfully invest monies back into their business some accountants are committing a form of self-inflicted “malpractice” by neglecting to invest in their own business,” says Mack. “I was hoping this would not be the case with Michael,” he adds.

Fortunately for Hajek he saw the opportunity for what it was worth and immediately wrote the check. “I had already made more than $58,000 on another client they referred to me for a one-time $5,000 investment in their Introductory Marketing Program which was the reason I didn’t hesitate to upgrade to their DSP Program,” says Hajek. “I’m just glad I took Stephen’s advice to invest more money into marketing my practice,” he adds.

GoodAccountants.com is an online accounting marketplace which matches business owners with local accountants. In its fifteenth year of operation the company has become the U.S. Accounting industry’s largest advertising aggregator. The DSP Marketing Program stands for Designated Service Provider where marketing is done expressly for this level membership

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